Pan-European retail real estate investment manager Redevco has appointed Lars Heese as managing director of its German division, effective 1 August 2017.
He will succeed Arnd Leinemann who left the Düsseldorf-based company at the end of February 2017.
'As Redevco Germany’s managing director I will primarily focus on further optimising the portfolio for our investors by well-targeted investments and disinvestments in the retail real estate sector,' commented Heese.
After starting his at Procon and WestInvest, Heese initially joined Redevco as senior portfolio manager in 2000. In 2007, he switched to Hahn Group in Bergisch Glad¬bach/Germany as managing director of Hahn Asset Management with assets under management totalling more than €2.5 bn.
In 2010, Heese became managing director of Hahn Fonds Invest being responsible for project development as well as for purchase and sale of mainly large-scale retail properties with a value of over €200 mln per year.
'I am delighted to re-join Redevco and again getting the opportunity to help shape the future of one of Europe’s most successful retail real estate companies,' Heese concluded.